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EIN 45-3779342

Woodlands Community Lenders

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Elkins
State
West Virginia
Year formed
2011
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Woodlands Community Lenders fosters entrepreneurship and community revitalization by providing access to capital and technical assistance to businesses and non-profit organizations located in the underserved communities of Randolph, Barbour, and Tucker Counties. In 2022, the organization closed 18 loans for a total of $1,505,890 in funds lent, serving 86 businesses with lending and technical assistance, resulting in the creation and retention of 119 jobs.
Total revenues
$1,155,937
2023
Total expenses
$687,958
2023
Total assets
$5,360,280
2023
Num. employees
3
2023

Program areas at Woodlands Community Lenders

In 2023, Woodlands Community Lenders closed 22 loans for a total of $1,570,015 in funds lent. We served 77 businesses with lending and technical assistance, resulting in the creation or retention of 59 jobs.

Who funds Woodlands Community Lenders

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Opportunity Finance Network (OFN)2022 Renewable Energy Efficient Grant$150,000
The Conservation FundConservation of Natural Resources;sustainable Economic & Community Development$130,000

Personnel at Woodlands Community Lenders

NameTitleCompensation
Dave ClarkBoard Member$0
Mark DoakWCL Board Member$0
Christy TribbleBoard Member$0
Sandra FrankPresident$0

Financials for Woodlands Community Lenders

RevenuesFYE 12/2023
Total grants, contributions, etc.$993,708
Program services$25,176
Investment income and dividends$137,053
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,155,937

Form 990s for Woodlands Community Lenders

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-26990View PDF
2022-122023-11-03990View PDF
2021-122022-08-24990View PDF
2020-122021-11-15990View PDF
2019-122022-02-07990View PDF
...and 4 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $130,000 from The Conservation Fund
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 2 new personnel
December 30, 2023
Updated personnel
Identified 13 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
316 Railroad Ave
Elkins, WV 26241
County
Randolph County, WV
Website URL
woodlandswv.org/ 
Phone
(304) 404-2300
IRS details
EIN
45-3779342
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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